# HELIO CORPORATION (HLEO) · Edgar & Edgarette company card

> Helio (HLEO) saw revenue fall 43.8% in FY2025 to $4 million, operating margin -95.4% against a 4.8% median for guided missiles & space vehicles & parts, equity -311% of assets. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 1953988 · fiscal year ended 2025-10-31 · 2 audited years read · [page](https://www.pops4.com/boards/company/HLEO) · [JSON](https://www.pops4.com/boards/company/HLEO.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $4M |
| Revenue growth, 1 year | -43.8% |
| Revenue growth per year | — |
| Operating margin | -95.4% (prior year -25.3%) |
| Net margin | -104.0% |
| Operating cash flow | −$2M |
| Capital spending | — |
| Free cash flow | — |
| Cash | $7,305 |
| Long-term debt | — |
| Total assets | $1M |
| Total equity | −$4M |
| Equity ÷ assets | -310.7% |
| Return on equity | — |
| Dividend per share | — |
| Dividend years rising | — |

## Readings, computed from those figures

- Altman Z: -51.8 (distress zone)
- Piotroski F: 4 of 9 (middling)
- Health Harbor boat: Rotting at the dock · four or more warning signs · filed late annual report notice, debt accelerated or triggered, late quarterly report notice, auditor change in the last 12 months; liabilities exceed assets (often from years of share buybacks, not always distress); operating cash flow was negative; operating loss: a margin of -95.4% in FY2025; revenue is hard to predict: its 80% range is ±28%

## Edgarette's reading

Exposure: revenue $3.9M (FY2025). Experience: revenue down 43.8% on the year; operating margin -95.4%, down from -25.3%. Soundness: equity -310.7% of assets (liabilities exceed assets). Credibility: 2 audited years, moderate weight. Range: 80% of past cases like this landed between $1.6M and $2.9M next year (method v3, set from 749 SEC company-years; on a year the method never saw, 83% landed inside). A statistical range, not company guidance. Against peers (75 filers, $50M+ revenue, its industry group): operating margin -95.4% against a 4.8% median; growth -43.8% against 4.9%.

Range logged 2026-09-27, receipt c782afb4b9e65df8, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item NT 10-K Late annual report notice: 1, latest 2026-01-30 ([filing](https://www.sec.gov/Archives/edgar/data/1953988/000121390026010164/0001213900-26-010164-index.htm))
- Item 2.04 Debt accelerated or triggered: 2, latest 2026-02-12 ([filing](https://www.sec.gov/Archives/edgar/data/1953988/000121390026015666/0001213900-26-015666-index.htm))
- Item NT 10-Q Late quarterly report notice: 1, latest 2026-03-17 ([filing](https://www.sec.gov/Archives/edgar/data/1953988/000121390026029110/0001213900-26-029110-index.htm))
- Item 4.01 Auditor change: 1, latest 2026-02-26 ([filing](https://www.sec.gov/Archives/edgar/data/1953988/000121390026020758/0001213900-26-020758-index.htm))
- Item 5.02 Director or officer change: 4, latest 2026-01-27 ([filing](https://www.sec.gov/Archives/edgar/data/1953988/000121390026008282/0001213900-26-008282-index.htm))

## Recent filings

- S-1 · filed 2026-10-21 · [filing](https://www.sec.gov/Archives/edgar/data/1953988/000168316826008001/0001683168-26-008001-index.htm)
- 10-Q · filed 2026-09-14 · [filing](https://www.sec.gov/Archives/edgar/data/1953988/000168316826007107/0001683168-26-007107-index.htm)
- 8-K · filed 2026-07-24 · 5.03 Amendments to Articles or Bylaws; Change in Fiscal Year; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1953988/000168316826005762/0001683168-26-005762-index.htm)
- 10-Q · filed 2026-06-15 · [filing](https://www.sec.gov/Archives/edgar/data/1953988/000168316826004832/0001683168-26-004832-index.htm)
- 8-K · filed 2026-06-10 · 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1953988/000168316826004704/0001683168-26-004704-index.htm)
- 8-K · filed 2026-05-15 · 5.07 Submission of Matters to a Vote of Security Holders · [filing](https://www.sec.gov/Archives/edgar/data/1953988/000121390026057683/0001213900-26-057683-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001953988.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1953988

## Cite

POPS4, Edgar & Edgarette: HELIO CORPORATION (HLEO) company card, from the company's own SEC filings, accessed 2026-11-12, https://www.pops4.com/boards/company/HLEO. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.